When it comes to model trains, the value of each one can vary greatly. While some train models may be worth a lot of money, others may not be worth much. It all depends on the make and model of the train, as well as its condition. To get an idea of what your model train is worth, it's important to do some research and develop a basic understanding of what you own.
Price is directly linked to demand, and this is largely modified by conditions and scarcity. Most toy trains were manufactured in large quantities, so not all old trains are necessarily scarce or sought after by collectors. However, almost everything has some value, even if only in its parts. The iconic model train company Lionel, LLC has been producing model trains and accessories since 1900.
Although there has been a decline in the popularity of this hobby (due to the increase in electronics and video games and the general cost of model trains), collecting is still active on the Internet and a new interest in model trains has arisen through Christmas products of railway models that are based on the power of nostalgia. Lionel model trains enjoyed great popularity throughout the 1920s, but business declined dramatically during the Great Depression. Most train models are common, and because they're so prized, the value is in the memories your old set of trains keeps for you. The appearance, style and quality of the Lionel model trains are related to the different phases of the Lionel Corporation and to the commercial conditions that the company experienced, so collectors should pay special attention to the date on which the Lionel model trains were manufactured.
In 1994, Lionel introduced Train Master Control, which was the first Lionel model railway console that offered centralized control of all functions. Usually, the rarity of that piece will generate a lot of value. Many manufacturers of model trains such as Lionel only made small production runs in their early days. When you decide to sell your collection of vintage toys and model trains, contact buyers of vintage PGS collectibles and toys in Chicago, the Midwest region or anywhere in the U.
S. PGS Gold & Coin is a trusted distributor of collectible toys and vintage trains, purchaser of collectible toys, and appraiser of vintage toys and trains.